Shell invests in LanzaJet sustainable aviation fuel (SAF) project
Shell invested in LanzaJet, a sustainable aviation fuel (SAF) technology company, to support the development and deployment of SAF production facilities. The investment aims to accelerate the commercialization of SAF and reduce carbon emissions from the aviation sector.
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LanzaJet utilizes a phased investment approach, which sees the initial investment followed by a capital call once key demonstration milestones have been met. Quote: LanzaJet utilizes a phased investment approach, which sees the initial investment followed by a capital call once key demonstration milestones have been met.
"Shell Invests in Sustainable Aviation Fuel Company LanzaJet"
"Sustainable fuel technology and production company LanzaJet announced today an investment by energy giant Shell, aimed at accelerating the commercialization of LanzaJet’s technology, and scaling the production of Sustainable Aviation Fuel (SAF)."
"LanzaJet was launched by carbon recycling technology company LanzaTech in June 2020 to address sustainable aviation fuel and renewable diesel needs through the commercialization of alcohol-to-jet (ATJ) technology."
"In addition to LanzaTech, Shell joins founding investors Suncor Energy, and Mitsui & Co, and recent investor British Airways."
"In addition to LanzaTech, Shell joins founding investors Suncor Energy, and Mitsui & Co, and recent investor British Airways."
"In addition to LanzaTech, Shell joins founding investors Suncor Energy, and Mitsui & Co, and recent investor British Airways."
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